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Search results: Platinum
Tharisa Confident in Recovering PGMs Market as Karo Platinum Project Stays on Course
JSE-listed South African mining company Tharisa has reaffirmed its confidence in the Platinum Group Metals (PGMs) market as it advances the Karo Platinum Project, citing strong global demand fundamentals and a structurally balanced market, Mining Zimbabwe...
Platinum Prices Surge 80% Since April as Zimbabwe Stands to Gain
Platinum has reclaimed the spotlight after years in the shadows of lithium and copper. Prices have surged 80% since April 2025, climbing above US$1,650 per ounce — their highest level in more than a decade, Mining...
Tharisa Sets Sights on Higher Platinum Output Amid Soaring Prices
Tharisa has outlined ambitious growth plans for its Platinum Group Metals (PGM) production at a time when platinum prices have climbed to their highest levels in over a decade, Mining Zimbabwe reports.By Ryan ChigocheIn its fourth-quarter...
Mufaro Handirimi’s Innovation Set to Revolutionise Zimbabwe’s Platinum Mining with 14% Downtime Reduction
In an effort to revolutionise operational efficiency and combat costly equipment failures in Zimbabwe’s platinum sector, Midlands State University (MSU) mining engineering graduate Mufaro Handirimi has developed a groundbreaking predictive maintenance system targeting underground drill rigs,...
China-Led Platinum Surge Sets Stage for Strong 2025 Outlook – WPIC
Platinum’s bullish run in 2025 is showing no signs of slowing, driven by soaring investment demand and a resurgence in jewellery buying, particularly in China.
By Ryan Chigoche
The World Platinum Investment Council (WPIC) says this strong momentum...
Unpacking the 2025 Platinum Price Resurgence: Supply Challenges, Market Dynamics, and Zimbabwe’s Growing Role in PGMs
In 2025, the Platinum Group Metals (PGMs) market is experiencing a notable price rebound. Platinum has surged nearly 25% year-to-date, breaking above US$1,250 per ounce—its highest level in four years.By Ryan ChigocheMeanwhile, palladium trades near US$1,100...
Zimplats Eyes Hartley Mine Comeback After 20 Years as Platinum Prices rebound
Zimplats is considering bringing its mothballed Hartley mine back into production, more than two decades after it was placed under care and maintenance, as stronger platinum prices prompt a review of long-stalled assets, Mining Zimbabwe reports.
By...
Kuvimba Shifts to Open Pit for Darwendale Platinum Project as Prices Surge
Zimbabwe’s sovereign wealth fund-owned mining group, Kuvimba Mining House, has dramatically restructured its long-stalled Darwendale platinum project, opting for an open-pit development instead of the previously planned expensive underground model, Mining Zimbabwe can report.
By Rudairo Mapuranga
The...
Zimbabwe’s Platinum Sector Poised for Growth as Prices Hit Three-Year High
Zimbabwe's platinum mining sector is entering a new era of opportunity as global platinum prices surge to three-year highs, with the precious metal recently breaking through the $1,050 per ounce barrier. This signifies potential for the...
Karo Platinum Unveils Energy Strategy to Tackle Zimbabwe’s Power Deficit
Karo Platinum has announced a multi-pronged strategy to mitigate Zimbabwe’s chronic power shortages, including strengthening regional grid access and investing in renewable energy infrastructure to support its mining operations in Mashonaland West Province.
By Ryan Chigoche
The emerging...
Karo Platinum Advances Project as It Seeks $165M to Complete Zimbabwe’s Next Major PGM Operation
Karo Platinum, a Zimbabwean platinum group metals (PGM) project owned by Tharisa, is ramping up construction at its Chegutu site as it works to close a $165 million funding round critical to completing the first phase.
By...
Karo Platinum Upholds Compliance Amid Market Headwinds
Tharisa Plc, the majority shareholder in Karo Platinum (Private) Limited, has reinforced its commitment to compliance and transparency by publishing an Independent Competent Persons’ Report (CPR) on the Karo Platinum Project in Mhondoro, Mining Zimbabwe can...
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